"Rodgers Forge Area - Woodbrook Highlands"

Featuring Live & Simulcast Online Bidding

c. 1903
TRADITIONAL HOME &
ADJOINING RESIDENTIAL LOT
– 0.76± Acre Total –

Separate & Entirety Offerings

Sale On Premises
6906 BELLONA AVENUE
Near Stevenson Lane
Baltimore County, MD 21212

Online Bidding Opens
FRIDAY, FEBRUARY 12, 2021

Live Onsite Auction Begins
WEDNESDAY, FEBRUARY 17, 2021
AT 12:00 NOON

NOTE: The information contained herein has been obtained from sources deemed reliable and is believed to be accurate. However, no express or implied warranty is made or may be inferred from any such representation. Dimensions, square footage and acreage contained herein are more or less. Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the permitted uses of the property. Online bidding is available from Friday, February 12 and will continue through the live auction. You can choose to bid online and/or attend the live auction.

LOCATION:
6906 Bellona Avenue is located in the Rodgers Forge area of Baltimore County, and is within the Woodbrook Highlands subdivision. The area is interchangeably called Rodgers Forge, Woodbrook, Govans or, more generally, Towson. Towson proper is located about 1.5 miles north, and Baltimore City is a short distance to the south.

The location is exceedingly convenient. Eddies of Roland Park (groceries), Starbucks and neighborhood retail businesses are less than one-half mile east along N. Charles Street, which also provides excellent access to the Baltimore Beltway (I-695) and employment centers to the north and south of the property. York Road is less than one mile east, and provides an array of shopping, dining and entertaining options. Lake Roland Park, which features an environmental center, walking trails, playground and a robust dog park, is a little over one mile west. Major nearby employers include Towson University, GBMC Hospital, Loyola University of Maryland, Stanley Black and Decker and a number of others in the general Towson and North Baltimore areas.

According to the Baltimore County Public Schools school locator search tool, nearby schools are West Towson Elementary, Dumbarton Middle and Towson High.

The property has an approved Minor Subdivision Plan with Baltimore County dividing the property into two lots as described below. A portion of the front of the total property has been designated for road widening. The lots will be offered both separately and as an entirety. Recording the subdivision plan will be conducted in conjunction with closing pending how the lots are sold, whether individually or as an entirety. An entirety buyer may choose not to record the subdivision plan. The auction presents an opportunity for both owner-occupants and investors to purchase one or both properties with excellent upside potential.

For more information about the area, please visit:
Baltimore County Government – www.baltimorecountymd.gov
Baltimore County Public Schools – www.bcps.org

SITE:
Lot size – 0.76 acre, total, according to public tax records. Lot sizes below are as stated on the Minor Subdivision Plan (Minor Sub # 18-058-M) linked below. There is a recorded Declaration for Private Ingress, Egress, Maintenance and Utility Easement.

Lot 1 – Containing the existing home – 0.562 acre. Mature trees. Curb cut and asphalt driveway. Public utilities are installed.

Lot 2 – subdivided residential parcel – 0.23 acre. Curb cut. Connection to public utilities will be required for new construction.

MSP Drawing

MSP Approval Letter

Ingress/Egress/Maintenance/Utility Declaration

County Highway Deed

Baltimore County My Neighborhood GIS Map

Tax Map

ZONING:
Zoned DR 3.5 Residential

For more information, please visit:
Baltimore County Zoning – www.baltimorecountymd.gov
Baltimore County My Neighborhood – bcgis.baltimorecountymd.gov

Zoning Map

IMPROVEMENTS:
Two and one-half story shake shingle traditional home – the home was constructed in 1903, and contains 1,817 square feet of living area and 734 square feet of basement space, according to public tax records. The home has been partially gutted, and will require full renovation. Currently arranged for a living room, dining room, kitchen, 6 bedrooms and 2 baths.

TITLE:
The property is in fee simple and sold free and clear of liens.

TAXES:
One current tax bill attributable to 6906 Bellona Avenue. Published annual real estate taxes are $2,794.21, based on a full value assessment of $197,367.

MANNER OF SALE:
Lot 1, with the house, will be offered first, and the high bid reserved. Lot 2, the subdivided lot, will be offered second, and the high bid reserved. Both lots will then be offered together as an entirety. The sale will be made in the fashion producing the greatest result.

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A deposit of $20,000 for Lot 1, $10,000 for Lot 2, and $30,000 if sold as an entirety, payable by cashier’s check, will be required of the purchaser at time and place of sale. The deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer’s office. If the high bidder is an online purchaser, 10% of purchase price is due by wire transfer or cashier’s check at the Auctioneer’s office, by 4:30 p.m. on the day of the auction. Deposit funds shall be held by A. J. Billig & Co., LLC. Balance to be paid in cash at settlement, which shall take place within 60 days. If payment of the deposit or balance does not take place within the specified time, the deposit shall be forfeited and the property may be resold at the risk and expense of the purchaser. Interest to be charged on the unpaid purchase money, at the rate of 12% per annum, from date of contract to date of settlement. All adjustments, including taxes, all other public charges and assessments payable on a monthly or annual basis, and sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of contract and assumed thereafter by the purchaser. The property will be sold in “AS IS” condition, and subject to easements, agreements, restrictions or covenants of record affecting same, if any. Purchaser assumes the risk of loss from the date of contract forward. The purchaser agrees to waive the right of inspection for lead paint, as provided under current Federal and State law. If the Seller is unable to convey good and marketable title, the purchaser’s sole remedy in law or equity shall be limited to the refund of the deposit. Upon refund of the deposit this sale shall be null and void and of no effect, and the purchaser shall have no further claim against the Seller or Auctioneers. Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the purchaser except where otherwise mandated by local, State or Federal law. Time is of the essence.

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